Vietnam: The fragrant plant that only grows under the fence now sold to Japan, price immediately tripled

Published 2021년 11월 12일

Tridge summary

The article highlights the insights of Mr. Khac Tien, Chairman of Ameii Vietnam Joint Stock Company, at an online seminar organized by the Ministry of Agriculture and Rural Development and Rural Today/Dan Viet newspaper. Mr. Tien emphasized the benefits of exporting agricultural products, especially to premium markets like Japan and the US, which can significantly increase selling prices due to higher standards. He provided examples of lychee and lemongrass, showing how their prices surge when grown to meet export standards. Mr. Tien stressed the importance of access to export markets in influencing domestic selling prices and encouraging farmers to improve production quality. Additionally, he discussed the opportunities businesses can find during the pandemic by being well-prepared and proactive in sourcing raw materials.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Sharing at the Online Seminar: "Looking back at the direction and management of the agricultural sector to overcome difficulties during the Covid-19 pandemic" organized by the Ministry of Agriculture and Rural Development in collaboration with Rural Today/Dan Viet newspaper, Mr. Khac Tien, Chairman of the Board of Directors of Ameii Vietnam Joint Stock Company, said that the export agricultural output of enterprises may not be much, but if it is accepted by markets such as Japan, the US, etc., the selling price will be products in the standard area will be much higher. "We determine that we cannot contribute much to export output, but we hope that through bringing agricultural products to the markets of Japan, the US, the EU, ... will gradually change the farming habits of farmers, to people produce products that meet export standards but serve the domestic market," said Mr. Tien. According to Mr. Tien, access to export markets is still considered "premium" as the driving force ...
Source: Danviet

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